Oil, Gas & Mining

Loon Energy has announced that the Production Sharing Agreement with the Ministry of Oil and the Syrian Petroleum Company for Block IX has been ratified.
Syria’s offshore licensing round has been a failure, with only one firm showing firm interest.
IPR International Limited has announced that it is conducting an Integrated Reservoir Study of the Jbeissa oil field for the Syrian Petroleum Company.
Stratic Energy has announced that it had completed the acquisition of over 1 100 km of new 2D seismic data in Block XVII; Stratic is the operator and has a 35 percent working interest in the block.
Crosco Integrated Drilling & Well Services Co., Ltd. has announced that it would mobilize its Crosco 1500 HP drilling rig Emsco 401 to provide drilling services for the Syrian operations of Gulfsands under a 2 year contract.
The Syrian government has signed an agreement with Iran, Venezuela and a Malaysian consortium to build a 140,000-barrel per day refinery in central Syria.
The Syrian Gas Company (SGC) has sent us a correction to the table referring to Syria’s planned gas supply in 2012.
Tanganyika Oil Company has confirmed the technical difficulties faced by its Syrian subsidiary, Dublin International Petroleum Syria Limited.
The following text is a 25-page overview of the Syrian Oil & Gas industry by Samir Seifan, one of the best experts on Syria’s energy sector.
Gulfsands Petroleum has announced that it has entered into a strategic partnership with Cham Holding to develop together oil and gas projects in Syria and potentially Iraq.
Syria's production of crude oil will drop to an average of 360 000 barrels of oil per day in 2008, according to the Minister of Petroleum and Mineral Resources, Sufian al-Allao.
Loon Energy, the Ministry of Petroleum and Mineral Resources and the Syrian Petroleum Company (SPC) signed on September 20 a Production Sharing Agreement for Block 9.
Tanganyika Oil Company has denied that it was selling its assets in Syria for an estimated amount of USD 1.5 billion.
Tanganyika Oil Company will increase development works at its fields in north-eastern Syria after the sale of its assets in Egypt.
A joint-venture of two Indian companies has bid for exploration rights on Block 14.


Dama Rose Damascus Hotel
Export Financing
Damascus Chamber of Commerce